Famous person heart Joel Embiid has agreed to a three-year, maximum-salary contract extension with the Sixers, in keeping with Shams Charania of The Athletic (Twitter hyperlink), who experiences that the brand new deal, which begins in 2026/27, will embody a participant possibility on the ultimate 12 months.
The deal is official, per an announcement from the workforce.
“Philadelphia is house,” Embiid wrote in an Instagram put up asserting the settlement. “I wish to be right here for the remainder of my profession. I really like this neighborhood and every part you’ve given me and my household. There may be much more work to do. You guys deserve a championship and I believe we’re simply getting began!”
“Joel has cemented himself as one of many best Sixers of all time and is effectively on his approach to being among the finest gamers to ever play the sport. We’re ecstatic that this extension retains him and his household in Philadelphia for years to come back,” workforce proprietor Josh Harris stated in a press release of his personal. “Joel is a good household man, chief, and individual. He’s an elite two-way participant with a mixture of measurement, energy, and athleticism that this league has not often – if ever – seen. He’s integral to this franchise’s quest for one more NBA Championship, and we’re honored that he continues to decide on this group as his NBA house.”
Based mostly on present wage cap projections, Embiid’s three-year extension will probably be price roughly $192.9MM. He’ll make a projected $59.5MM in 2026/27 and $64.3MM in ’27/28, with a $69.1MM participant possibility for ’28/29. These figures depend on the cap growing by the utmost allowable 10% in every of the following two seasons.
Considering the 2 years and $106.6MM left on Embiid’s present contract, he’s now on observe to earn simply shy of $300MM over the following 5 seasons. The massive man’s earlier deal included a participant possibility for the ’26/27 season, but it surely’ll get replaced by the brand new contract.
After being tormented by foot points that value him two full seasons at first of his NBA profession, Embiid has turn into one of many league’s most dominant gamers, incomes All-Star nods in every of the previous seven years and All-NBA spots in 5 of these seasons.
The previous No. 3 general decide holds profession averages of 27.9 factors, 11.2 rebounds, 3.6 assists, and 1.7 blocks in 31.9 minutes per recreation throughout 433 outings (all begins) and completed within the high two of three consecutive MVP votes from 2021-23, successful the award in ’23.
Embiid appeared headed for one more MVP-caliber season in 2023/24 earlier than a knee harm sidelined him for a lot of the second half and restricted him to 39 video games. The 30-year-old averaged a career-high 34.7 factors per recreation with an elite .529/.388/.883 taking pictures line when wholesome, then received an Olympic gold medal in Paris with Group USA this summer season.
Embiid’s new deal makes him the fifth member of the NBA’s $500MM+ membership, in keeping with Bobby Marks of ESPN, who notes (by way of Twitter) that the Sixers star trails solely LeBron James, Stephen Curry, and teammate Paul George in profession earnings, primarily based on their previous and present contracts. Kevin Durant is the fifth participant whose profession salaries will exceed $500MM by the tip of his present deal.
Embiid’s extension caps an enormous offseason of spending for the 76ers, who additionally signed Tyrese Maxey to a five-year, $203.8MM contract and George to a four-year, $211.6MM deal in free company. In whole, Philadelphia’s three stars are owed roughly $715MM.
